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Calculate the return on assets (ROA) for Company The Procter & Gamble Company, which reported net income of $6.95 billion and total assets of $118.47

Calculate the return on assets (ROA) for Company The Procter & Gamble Company, which reported net income of $6.95 billion and total assets of $118.47 billion. Explain the return on assets (ROA) as a measure of a company's profitability and efficiency in generating earnings from its assets. Discuss the significance of ROA in evaluating asset utilization and operational efficiency.

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